NOT LISTED FOR SALE

4933 Puncheon Fork Rd Mars Hill, NC 28754

Estimated Value: $295,000 - $395,472

2 Beds
2 Baths
884 Sq Ft
$381/Sq Ft Est. Value

Last Sold August 24, 2023

Last sale price $275,000 $311 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,973/month

78 Days on Market

Highlights

  • Attached Garage
  • Laundry Room
  • Wood Siding
  • Madison Middle School Rated A-
  • Attached Carport

About This Home

As of August 2023

This mountain getaway boasts two separate dwellings (cabin & studio) and is located on little over an acre. Many configurations for live/ work or investment rentals provide flexibility to any owner. Open flat area, pond, and an active stream are just waiting for your own personal touches. Close proximity to skiing at Wolf Ridge Ski Resort, hiking on the Appalachian Trail (property is 1/2 mile from Streets Gap access point on the trail), and a little over 30 minutes from Asheville makes this an ideal setup as a short-term rental investment. Property is currently rented long term with the front cabin leased (month to month) and the back studio which has a lease ending 7/4/23. While touring the front cabin be sure to check out the loft area! **PLEASE BE CAREFUL! THE STEPS ARE STEEP leading into the loft area** This property is a must see!

Last Agent to Sell the Property

Stoner Giltz

Tessier Associates License #279620 Listed on: 04/05/2023

Last Buyer's Agent

Amanda Cleveland

Asheville Realty Group License #338858

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,645

Year Built

  • Built in 1975

Lot Details

  • Property is zoned R-A

Home Design

  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Crawl Space
  • Gas Range

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Attached Carport
  • Driveway

Utilities

  • Heating System Uses Kerosene
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 9852-44-4234

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,645

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1975
  • Road Surface Type: Gravel
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 172.09
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Pillar/Post/Pier
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 420
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 464
  • Appliances: Dryer, Electric Range, Electric Water Heater, Gas Range, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 884
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning Stove
  • Living Area: 884
  • Bedroom Main: 1
  • Room Count: 3

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • Construction Type: Wood

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Carport, Driveway, Attached Garage

Utilities

  • Heating: Kerosene, Wood Stove
  • Sewer: Septic Installed
  • Laundry Features: Main Level
  • Cooling: None
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 1.03
  • Lot Size Units: Acres
  • Parcel Number: 9852-44-4234
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-A

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2023
Closed on
Aug 7, 2023
Sold by
Holt James T and Lyons Michele
Bought by
Leisenring Johanna and Russell Curtis
Seller's Agent
Stoner Giltz
Tessier Associates
Buyer's Agent
Amanda Cleveland
Asheville Realty Group
List Price
$299,500
Sold Price
$275,000
Premium/Discount to List
-$24,500
-8.18%
Views
47
Current Estimated Value
$336,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,868
Avg. Annual Appreciation
9.76%
Original Mortgage
$8,002
Outstanding Balance
$7,855
Interest Rate
6.96%
Estimated Equity
$323,450

Purchase Details

Closed on
Sep 9, 2014
Sold by
Holt James T and Holt Ginger T
Bought by
Holt James T

Purchase Details

Closed on
Mar 20, 2002
Bought by
Holt James T and Ginger Tholt
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Leisenring Johanna $275,000 None Listed On Document
Holt James T -- None Available
Holt James T $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leisenring Johanna $8,002
Open Leisenring Johanna $266,750
Previous Owner Holt James T $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2023 08/24/23 Sold $275,000 -8.2% $311 / Sq Ft
04/05/2023 04/05/23 For Sale $299,500 -- $339 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,645 $285,530 $31,370 $254,160
2023 $1,041 $145,884 $23,400 $122,484
2022 $1,041 $145,884 $23,400 $122,484
2021 $1,041 $145,884 $23,400 $122,484
2020 $1,041 $145,884 $23,400 $122,484
2019 $796 $99,395 $17,266 $82,129
2018 -- $0 $0 $0
2015 -- $0 $0 $0
2014 -- $99,394 $17,266 $82,128
2013 -- $103,590 $17,266 $86,324
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4015215

Canopy MLS (Canopy Realtor® Association)

APN: 9852-44-4234